Abigail with attitude: Diamond and the ominous new constellation

And talking of Lehmans bankruptcy, I was intrigued to
read an opinion editorial in the Financial Times written by Bob
Diamond, the former chief executive of Barclays Bank. Bob of
course pounced on the corpse of Lehman Brothers as it was
drowning and made off with a succulent limb: the US
broker-dealer operations. As regular readers know, buccaneering
Bobs tenure at Barclays was not all plain sailing,
especially when it came to relations with the regulators. There
were heated discussions over the Protium transaction, quibbles
over the emergency fund-raisings in 2008 and then the issues
around the manipulation of Libor. Come to think of it, surely
didactic Diamond lost his job because of a regulator?...

Further reading on Euromoney

Add Your Comment

All fields are compulsory

All comments are subject to editorial review as we are subject to the same regulations adhered to in publishing our own content. For this reason, your comment may not be live immediately, or may not be published.

Magazine

The material on this site is for financial institutions, professional investors and their professional advisers. It is for information only. Please read our Terms & Conditions, Privacy Policy and Cookies Policy before using this site.